NAIDB News,

NAI DiLeo-Bram & Co. Completes an Industrial Land Lease for 7.7 acres

December 17, 2018

NAI DiLeo-Bram & Company represented the Landlord and Tenant in the Lease of 7.7 acres of land at 113 How Lane in New Brunswick, NJ. The long term land lease of 7.7 acres of land at 113 How Lane in New Brunswick, NJ. The long term land lease was completed by Richard M. Galuppo of NAI DiLeo & Co.

The tenant is a Midwest based firm who sought to expand their New Jersey operations. The property is a fully paved and fenced equipment/trailer storage yard offering quick access to Exit 9 of the NJ Turnpike. It was occupied for over a decade by the Warren Buffet firm, Xtra Trailer Leasing. The owner was seeking a similarly well-qualified tenant; and we were able to locate the new tenant within two months of listing the parcel. They are a national company in the business of providing rentals of prefabricated modular buildings and mobile offices, as well as trailer storage.

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